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1-bed · 1,247 sqftFive Palm Jumeirah, Palm Jumeirah · 11th floor · completed 2016

21116, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in August 2022, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 21116 · DLD and Ejari recordsUpdated 3 August 2022
Last soldAED 3.43M3 August 2022
Current rentAED 165K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 21116, Five Palm Jumeirah

What is 21116 worth today?

Last sold for AED 3,430,132 in 2022

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3 Aug 2022SoldReady
AED 3,430,132AED 2,749 per sqft
6 Dec 2017Sold by developerReady
AED 1,247,320AED 999 per sqft
1 Dec 2017RentedNew contract
AED 165,000/yr60 months · AED 132 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2022.

Key facts

Type
1-bed hotel apartment
Size
1,247 sqft
Floor
11th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 3.43M · August 2022
Building
Five Palm Jumeirah

About 21116, Five Palm Jumeirah

21116 is a one-bedroom hotel apartment of 1,247 sqft on the 11th floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. It last sold on 3 August 2022 for AED 3,430,132, or AED 2,749 per sqft, 18% above the AED 2,321 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2017. The current contract, signed on 1 December 2017, is AED 165,000 a year: a gross yield of 4.8% on the 2022 price.

Sales and rents for 21116 over time

Sales
Unit 21116, each saleTypical one-bed in Five Palm Jumeirah
2M4M2013201720212025Typical sale price by year: 2013 AED 2,855,628; 2014 AED 2,774,705; 2015 AED 4,729,477; 2016 AED 3,206,664; 2017 AED 2,807,500; 2018 AED 2,400,000; 2020 AED 2,000,000; 2021 AED 2,400,000; 2022 AED 3,050,000; 2023 AED 3,000,000; 2024 AED 2,914,456; 2025 AED 3,500,000Sold by developer, December 2017: AED 1,247,320 (AED 999 per sqft)Sold, August 2022: AED 3,430,132 (AED 2,749 per sqft)

21116 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 21116, each contractTypical one-bed in Five Palm Jumeirah
200K400K2017202020232026Typical rent by year: 2017 AED 167,500; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 149,000; 2022 AED 165,000; 2023 AED 255,000; 2024 AED 367,500; 2025 AED 230,000New contract, December 2017: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Five Palm Jumeirah, and where 21116 sits

All 140 1-beds →

21116 last sold in August 2022 at AED 2,749 per sqft, 18% above what one-beds in Five Palm Jumeirah were fetching at the time (AED 2,321).

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jun 20254,000,000
16 May 20251,750,000
3 Apr 20253,500,000
18 Mar 20252,920,000
0 1-bed sales in the last 12 months

Five Palm Jumeirah

Building

699 apartments, studios to 5-bed over 16 floors in Palm Jumeirah, completed in 2016 by SKAI Zaya Real Estate Development. 7 sold in the last 12 months.

Typical price per sqft
AED 2,548
Typical sale
AED 5.05M
Typical rent
AED 300K /yr
Typical yield
8.4%
Five Palm Jumeirah, Palm Jumeirah: prices, sales and rents →

Other units on the 11th floor

All 699 units in Five Palm Jumeirah
Value
111011-bedAED 2.55M · May 2015
11102StudioAED 1.4M · Sep 2013
11103StudioAED 1.71M · Jul 2013
11104StudioAED 1.71M · Sep 2013
11105StudioAED 1.71M · Jul 2013
11106StudioAED 1.73M · Oct 2013
111071-bedAED 2.74M · Aug 2013
1–7 of 44

21116, Five Palm Jumeirah in numbers

  • Sold twice: first on 6 December 2017 for AED 1,247,320, last on 3 August 2022 for AED 3,430,132 (AED 2,749 per sqft).
  • Rented since December 2017 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2022 price is 4.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 August 2022.

Questions about 21116, Five Palm Jumeirah

What did unit 21116 last sell for?

AED 3,430,132 on 3 August 2022: AED 2,749 per sqft for 1,247 sqft. The unit has 2 registered sales; the first was AED 1,247,320 in December 2017.

What is the rent for unit 21116?

AED 165,000 a year on the contract signed on 1 December 2017.

How big is unit 21116?

1,247 sqft (115.9 sqm): a one-bedroom hotel apartment on the 11th floor of a 16-storey tower completed in 2016.

What is unit 21116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 21116, Five Palm Jumeirah

Starts from the last sale price (AED 3.43M, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,430,132
Deposit, UAE resident (20%)
AED 686,026
Deposit, non-resident (40%)
AED 1,372,053
Monthly over 25 years at 3.7%
AED 14,034

Plus AED 149,075 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →